L Moving to another question will save this response. Question 11 A mortgage bond is secured by real estate. True False 1 A Moving to another question will save this response. Mac L A Moving to another question will save this response. Question 12 In the basic valuation model, risk is generally incorporated into the cash flows. True False Moving to another question will save this response. M L A Moving to another question will save this response. Question 13 Common stock is often considered quasi-debt due to fixed payment obligation True False L Moving to another question will save this response. Moving to another question will save this response. Question 15 Subordination means that subsequent creditors agree to wait until all claims of the senior debt are satisfied. True False Moving to another question will save this response. Mac